My bullshit math skills show that to stay level with with M2 money supply the price of gold would hit over 188,000 an ounce, and that's based on global reserves of gold. I think we made concessions getting off the gold standard so that we could build money supply to support our population, which probably made sense.I'm pretty drunk at the moment, but I digress. I personally don't think getting back to the gold standard makes much sense in our current state, but as someone who dabbles in gold panning, I'd be stoked.